. >> host: if president obama won, so to speak on the fiscal cliff deal and got taxes increase, able to get new revenue, then why not, as democrats, agree to some spending cuts that republicans want? >> guest: well, the president made clear that there has to be, in terms of what's coming, there has to be a mixture, a balance between cuts and revenues. in terms of the sequester, we're going to have to have a blend, a balance, and the president has said that, and we said that, but to say it's only spending cuts, and there will be no more revenues is not feasible. i looked over the discretionary spending charts, and now the way we're going in terms of the percentages gdp, what we spend on education, what we spend on health research, what we spend on so many of the necessary programs in the country is going to go down. the trend line is already there. what the republicans are essentially saying is push it further. further, have further consequences in terms of health research. does that make since? do the american people want that? the answer is no. we have to have balance. the problem is withi
